The live mid-rate CAD to THB exchange rate is 23.96. Compare currency conversion rates - Reduce FX costs.
The best CAD to THB exchange rate is our partner deal rate of 23.84 from OFX . This is -0.5% compared to the mid-market rate 23.96.
The standard OFX CAD-THB rate is 23.4186, -2.3% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Canadian dollar (CAD) to Thai baht (THB) rates from different sources before making a conversion.
Looking at our comparison table the best CAD to THB exchange rate is 23.84 from OFX, -0.5% from the mid-market rate 23.96. The next best rate is 23.81 from XE, -0.63% from the mid-rate. Then Wise with 23.79 is -0.71% from the mid-rate.
The Western Union rate is 23.72 which is -1% from the mid-rate.
Among the banks, the TD Bank rate is 22.7 at -5.3% compared to the mid-rate 23.96.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
The Loonie to Baht comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest CAD-THB mid-rate (see Market Data below ) and the possible savings of using various providers.
Canadian dollar (CAD) to Thai baht (THB) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | CAD/THB | Change | Period |
|---|---|---|---|
18 Apr 2025 | 24.09 | 0% ▲ | 2 Week |
01 Feb 2025 | 23.25 | 3.7% ▲ | 3 Month |
02 May 2024 | 26.92 | 10.5% ▼ | 1 Year |
03 May 2020 | 23.04 | 4.6% ▲ | 5 Year |
05 May 2015 | 27.55 | 12.5% ▼ | 10 Year |
07 May 2005 | 31.78 | 24.2% ▼ | 20 Year |
Here are some popular conversion amounts for CAD to THB (Canadian dollar to Thai baht)*.
*Converted at the current CADTHB interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The CAD to THB exchange rate has recently shown some strength, with the Canadian dollar (CAD) trading at 24.20 THB, which is 1.9% above its three-month average of 23.76 THB. This uplift can be attributed to positive GDP figures from Canada, where growth unexpectedly accelerated in March, following a prior contraction in February. Analysts note that the CAD's performance is closely tied to oil price dynamics, and current trends show Oil prices at 62.13 USD, significantly below the three-month average of 70.79 USD and experiencing a volatile range of 61.58 to 76.99 USD. This declining oil price could pose risks to the CAD, as Canada's economy heavily relies on oil exports.
Read our full review of recent CAD to THB forecasts.
There are several ways to save on exchange rates when converting Canadian dollar to Thai baht:
Generally speaking, if you are buying Thai baht with Canadian dollar, then it's better for the CAD/THB exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to Thailand — a practical currency and money guide to travel in Thailand plus living and doing business with the Thai baht.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add CAD/THB to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| Canada (CAD) | Thailand (THB) |
Markets have shifted focus to the interest rate policies of other major central banks rather than the Federal Reserve.
The Singapore dollar has reached its highest level in over a decade, boosting outbound travel and curbing inflation, but also putting pressure on exporters and local businesses. While sectors like logistics and finance benefit, retail, hospitality, and exports face challenges from the strong currency.
Further reading on the Thai baht (THB) - Guides, Reviews & News from our research team.
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
^ Scroll back up to ^
^
